Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
290.81
-0.17 (-0.06%)
Aug 14, 2026, 4:00 PM EDT - Market closed

Illinois Tool Works Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
16,46916,04415,89816,10715,93214,455
Revenue Growth
4.30%0.92%-1.30%1.10%10.22%14.96%
Cost of Revenue
9,1968,9698,8589,3169,4298,489
Gross Profit
7,2737,0757,0406,7916,5035,966
Selling, General & Admin
2,7952,7372,6472,6052,5382,333
Amortization of Goodwill & Intangibles
7280101113134133
Operating Expenses
2,8672,8172,7482,7182,6722,466
Operating Income
4,4064,2584,2924,0733,8313,500
Interest Expense
-302-292-283-266-203-202
Interest & Investment Income
404044512212
Currency Exchange Gain (Loss)
-35-357-39-7-9
Other Non Operating Income (Expenses)
11-5-11-1-4
EBT Excluding Unusual Items
4,1203,9664,0593,8203,6423,297
Gain (Loss) on Sale of Investments
--3632929
Gain (Loss) on Sale of Assets
---1191-
Pretax Income
4,1203,9664,4223,8233,8423,326
Income Tax Expense
926900934866808632
Net Income
3,1943,0663,4882,9573,0342,694
Net Income to Common
3,1943,0663,4882,9573,0342,694
Net Income Growth
-5.08%-12.10%17.96%-2.54%12.62%27.74%
Shares Outstanding (Basic)
289292297303310315
Shares Outstanding (Diluted)
290292298304311316
Shares Change
-1.86%-1.85%-1.91%-2.28%-1.80%-0.60%
EPS (Basic)
11.0610.5211.759.779.808.55
EPS (Diluted)
11.0410.4911.719.749.778.51
EPS Growth
-3.15%-10.42%20.23%-0.31%14.81%28.36%

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
2,9212,7072,8443,0841,9362,261
Free Cash Flow Per Share
10.099.269.5510.166.237.15
Dividend Per Share
6.4406.2205.8005.4205.0604.720
Dividend Growth
7.33%7.24%7.01%7.12%7.20%6.79%
Gross Margin
44.16%44.10%44.28%42.16%40.82%41.27%
Operating Margin
26.75%26.54%27.00%25.29%24.05%24.21%
Profit Margin
19.39%19.11%21.94%18.36%19.04%18.64%
Free Cash Flow Margin
17.74%16.87%17.89%19.15%12.15%15.64%
EBITDA
4,8064,6554,6944,4684,2413,910
EBITDA Margin
29.18%29.01%29.53%27.74%26.62%27.05%
D&A For EBITDA
400397402395410410
EBIT
4,4064,2584,2924,0733,8313,500
EBIT Margin
26.75%26.54%27.00%25.29%24.05%24.21%
Effective Tax Rate
22.48%22.69%21.12%22.65%21.03%19.00%
Advertising Expenses
-6258605750
SEC Filings: 10-K · 10-Q